OTCQX:BGMZF - Post by User
Comment by
yaponskion Mar 30, 2014 3:30pm
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Post# 22387714
RE:RE:RE:RE:RE:RE:RE:[2014 Revenue/Cash Flow from QR]
RE:RE:RE:RE:RE:RE:RE:[2014 Revenue/Cash Flow from QR]
boss_waz wrote:
green24 wrote: Yeah, all well and good, except for your assumption of $1400 gold. Why would you choose that number instead of $1300 or $1250? You know, something more realistic?
Well its really all spitballing trying to estimate the impact of the production...without confirmation of much of the data....
As far as POG, BGM is a canadian firm and the current POG is $1420 CAN (1290ish US)...
Perhaps POG drops, or perhaps it bounces from here and continues up...dont know....
Hey Boss,
The perenual gold bulls over at Kingworldnews are getting excited about a possible end to the 30 month gold bear...
Kingworldnews - David P out of Europe - Most Astonishing News in the Gold & Silver Markets
Me, I'm still thinking that until Eric Sprott and Rick Rule turn absolutely bearish on gold, the gold bear is got a ways to run... regression to the mean stuff... Sprott and Rule need to be averaged out before the HFTs will let gold go up again... just wild speculation but hey, when it a bear market wait for the turn but don't expect it... that is why I"m looking at a break out at $1550 to get bullish again.